leephre533 - Management Checklist

NANDHINI
CELESTE
NANCY


Financials: eLearning budgets/ROI
*Budget*
1	Does the institution have a budget for eLearning?
2	Does the college have a budget for eLearning?
3	Does the program have a budget for eLearning
4	How much/many of the program’s expenses are internal?
	a	Why were these costs kept in-house?
5	How much/many of the expenses are from outsourced services?
	a	Why was it decided to outsource these expenses?
6	Does the program keep track of its own income and expenses or is that information provided by another unit?
7	What are the financial goals of the program (i.e. does your program of study need to achieve certain revenues or is ‘break-even’ acceptable)
	a	To probe further, what has your program considered regarding:
		i	Financial stability (i.e. maintaining its financial goals)
		ii	Financial scalability (if successful in its financial goals, do they want to grow? if so, how?)
*Budget for cost*
1	Check if the program has budgeted for any of the following cost related to eLearning. Discuss all that apply.
	a	Content expert
	b	Course designers
	c	Computer programmers
	d	Graphic artist
	e	Instructor compensation
	f	Support staff compensation
	g	Consultants
	h	Equipment and software acquisition
	i	Marketing
	J	Delivery
	K	Program revision
	l	Ongoing maintenance and upgrade of equipment and software
	m	Operating costs such as telephone, postage and supplies
	n	Not applicable
	o	Others (specify)
Formula for Return on Investment (ROI)
*Return on investment*
1	Does the institution conduct return on investment (ROI) analysis?			Celeste
2	Does the College conduct return on investment (ROI) analysis?			Celeste
3	Does the program conduct return on investment (ROI) analysis?			Celeste
*Long term planning*
1	Does the College/Program put aside any additional money for obtaining resources that may be needed in the future to continue eLearning?			Celeste